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VN-Index moves closer to January peak

March 1, 2021 by e.vnexpress.net

The session started off with a 11-point rise in the first 21 minutes of trading and remained in the green throughout the day before closing with a 17.7-point gain, the first double-digit point increase recorded in the last seven sessions.

Trading volume on the Ho Chi Minh City Stock Exchange (HoSE), on which the index is based, rose 7.7 percent to VND16.02 trillion ($693.4 million), highest in the last 10 sessions. The bourse saw 358 stocks gain and 85 lose.

VN-Index now needs another 0.67-percent gain to reach the 1,194-point peak it reached on January 15 before falling to the 1,020 range.

The VN30 basket, comprising the 30 largest capped stocks on the HoSE, saw 27 tickers gain, leading with SBT of sugar producer Thanh Thanh Cong – Bien Hoa Jsc, up 5.5 percent. This is the first gain of the ticker after six consecutive losing sessions.

It was followed by SSI of leading brokerage SSI Securities Corporation, up 5.4 percent, and BVH of insurance company Bao Viet Holdings, up 4.6 percent.

Two real estate companies were in the top 10 blue chip gainers, with TCH of Hoang Huy Investment Financial Services Jsc up 3.7 percent and VRE of retail real estate arm Vincom Retail up 3.2 percent.

All banking blue chip were in the green, led by STB of Ho Chi Minh City-based lender Sacombank, up 4.1 percent, HDB of HDBank, up 2.6 percent, and MBB of Military Bank, up 2.5 percent to the new all-time high of VND28,350.

Bucking the trend, three tickers ended in the red, led by VIC of biggest conglomerate Vingroup, down 0.5 precent, followed by PNJ of Phu Nhuan Jewelry, down 0.2 percent and MWG of electronics retail chain Mobile World, down 0.1 percent.

Foreign investors remained net sellers for the seventh session in a row to the tune of VND209 billion, with strongest pressures on TCB of largest private lender Techcombank, HPG of steelmaker Hoa Phat Group and CTG of state-owned lender VietinBank.

The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, gained 1.26 percent, while the UPCoM-Index for stocks on the Unlisted Public Companies Market added 0.67 percent.

Filed Under: english, business, economy Vietnam, stock, vn index, VN-Index moves closer to January peak - VnExpress International, moving closer, move closer

New COVID-19 infections number 13, including 8 from Hai Duong

March 1, 2021 by en.qdnd.vn

The country’s pandemic hotspot Hai Duong in the north hosted eight of the total new cases, while the remaining five, all Vietnamese nationals, were imported and quarantined upon arrivals in the Mekong Delta province of Kien Giang.

The eight infections in Hai Duong are F1 cases of confirmed COVID-19 patients. Six of them have been quarantined since January 28, and the rest since February 28. All are now under quarantine and treatment.

Of the total cases to date, there were 1,550 domestically-transmitted cases, including 857 recorded since the latest outbreak hit Hai Duong and several other northern localities on January 27.

A total 60,693 people who came in close contact with COVID-19 patients or arrived from pandemic-hit areas are under quarantine nationwide, including 560 at hospitals, 12,298 at other quarantine sites, and 47,835 at home.

Among patients under treatment, 66 have tested negative for SARS-CoV-2 once, 37 twice, and 113 thrice.

Vietnam has seen 1,892 recoveries so far, with the death toll remaining at 35.

Source: VNA

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New momentum for private investment in healthcare

March 1, 2021 by en.vietnamplus.vn

New momentum for private investment in healthcare hinh anh 1 A surgery conducted at the Vinmec Times City General Hospital, a private hospital in Hanoi (Photo: VNA)

Hanoi (VNA) – Private investment is forecast to keep flowing into the healthcare sector in the time ahead with the appearance of many new drivers, according to the Dau tu (Vietnam Investment Review) newspaper.

Nipro Pharma Vietnam , invested in by the Nipro Pharma Corporation – one of Japan’s leading pharmaceutical companies – is completing necessary procedures to add 270 million USD to its investment in a factory at the Saigon Hi-Tech Park in Ho Chi Minh City.

According to the Japan External Trade Organisation ( JETRO ), a large number of Japanese businesses are seeking the chance to tap into Vietnam’s healthcare market given its substantial potential.

The sector has attracted new investment inflows recently, especially last year, with a number of new projects from both domestic and foreign companies.

In late 2020, a group of investors led by the Singaporean Government’s GIC sovereign wealth fund poured more than 203 million USD into Vingroup’s VMC, which develops and operates the Vinmec hospital system.

VinaCapital’s Vietnam Opportunity Fund, meanwhile, invested 26.7 million USD in the Thu Cuc International General Hospital, while the UK’s Real Capital London debuted the Hong Anh (UK Vietnam) Medical Campus in HCM City, worth about 156 million USD.

Many projects funded by domestic investors were also licensed or became operational last year, such as the TV.Pharm Hi-tech Pharmaceutical Complex, Van Phuc – Sai Gon Hospital, and Hoan My Western Hospital.

Such moves show that hospital investment is increasingly attractive to investors due to growing middle class demand for high-quality healthcare, the newspaper said.

Meanwhile, multinational pharmaceutical groups such as Novartis, Roche, Sanofi, GSK, and AstraZeneca are promoting “social business” via new programmes.

In late January, AstraZeneca worked with the Ministry of Health (MoH) and three specialised associations to launch a communications campaign to help raise awareness in Vietnam about asthma.

The MoH’s Department of Medical Examination and Treatment, the UK Embassy in Vietnam, and GSK recently signed a memorandum of understanding on cooperation in antimicrobial resistance prevention and control for 2021-2023, the paper reported.

The healthcare sector estimated that it needs about 176 trillion VND (over 7.6 billion USD at current exchange rates) for infrastructure development between 2010 and 2015. Since 2010, however, the Government has met only two-thirds of this capital demand.

The sector therefore views private investment as an important source of funding.

Despite this, private investment in healthcare still falls short of expectations, Dau tu noted, adding that the use of public-private partnerships (PPPs) remains modest due to the absence of a legal framework for such investment.

The Law on PPP Investment, which took effect on January 1, is expected to address obstacles relating to the legal framework and facilitate private investment in healthcare. The 2020 Law on Investment and Law on Enterprises are also set to create momentum for capital flows.

In the face of certain barriers, World Bank analysts have recommended prudence in the selection of PPP models and contracts in healthcare, suggesting that the MoH build a circular guiding selection, preparation, implementation, monitoring, and assessment of healthcare PPP projects in a fair and effective manner./.

VNA

Filed Under: Uncategorized private investment, healthcare sector, Nipro Pharma Vietnam, JETRO, Saigon Hi-Tech Park, Vingroup, Vinmec, public-private partnerships, Ministry of Health, ..., pihub private investments, pihub private investments gmbh, why medicaid is secondary to private group healthcare, sanlam private investments, public private investment, public private investment program, may reiterates new ‘momentum’ in brexit talks, why privatization of healthcare is bad, privatization for healthcare, private public healthcare, private equity healthcare, private equity healthcare firms

Number of foreign visitors to Vietnam in February falls sharply

March 1, 2021 by sggpnews.org.vn

Foreign tourists mainly were technical experts and skilled workers who are allowed to enter Vietnam to work, and truck drivers transporting goods through international border gates.
In the first two months, the country welcomed 28,700 foreign visitors, a year-on-year decrease of 99.1 percent.
According to the report, HCMC saw a decline of 14.1 percent, Ba Ria-Vung Tau Province and Da Nang City decreased 15.9 and 16.1 percent, Hanoi and Hai Duong slid 7.6 and 7.8 percent compared with last year.
Tourism revenue fell 62.1 percent over the same period last year to VND2,500 billion (US$108.6 million). The most severe drops were seen in Hanoi at 47.7 percent, Da Nang by 67.7 percent, HCMC by 69.2 percent, Thua Thien-Hue Province by 73.3 percent and Hai Duong Province by 89.4.
The tourism industry has proposed many preferential policies to support travel firms and laborers that have been severely affected by the Covid-19. However, there was not much support and many businesses could not receive these preferential treatments. A further decline is expected in the coming months, said the Vietnam National Administration of Tourism (VNAT).
At the present, more than 500 enterprises that can not continue their operations have proposed for the withdrawal of the certificate of business registration. In addition, 90-95 percent of travel agencies have stopped operating as a result of the crisis.
The tourism sector must spend 5-7 years to recover the workforce. A large number of laborers in the hospitality industry have to move for a new job.
Deputy Minister of Culture, Sports and Tourism Nguyen Van Hung said that the tourism industry needs to develop key solutions and long-term plan until the next five years, such as putting the Support Fund into operation, restructuring the tourism industry, building tourist products and smart ecotourism system, implementing digital transformation in boosting Vietnamese tourism.
He asked the VNAT to coordinate with Ninh Binh Province to organize the National Tourism Year 2021, and the Vietnam Sports Administration to build tourism marketing plans on the occasion of the 31st Southeast Asian Games (31st SEA Games) which is scheduled to take place in Hanoi at the end of this year; as well as strengthen the connection with Hanoi and HCMC to speed up cooperation agreements between the two major cities and other localities nationwide.

By Mai An – Translated by Kim Khanh

Filed Under: Uncategorized foreign visitors, February, falls sharply, Travel, vietnam visitor visa, number of visitors to website, foreign visitors insurance, foreign visitors driving in canada, foreign visitors driving in texas, vietnam february weather, vietnam weather february hanoi, vietnam visitors visa, health visitor number, foreigners in vietnam, Vietnam in February, visitor numbers

Historic Cu Chi Tunnels site seeks UNESCO World Heritage Site recognition

March 1, 2021 by sggpnews.org.vn

But the city, the country’s largest, also has a great deal of historical value related to the wars of resistance against the French and Americans to offer interest to tourists as well as locals.

One of the most fascinating destinations is Cu Chi guerrilla warfare tunnels, located about 70km from downtown HCM City.

Built by South Vietnamese liberation forces as shelter from US and Sai Gon troops during the war, the site is known over the world, but even many locals have yet to visit the tunnels.

Revolutionary spirit

First formed in 1948 during the resistance war against the French colonialists, the original network of tunnels was in Tan Phu Trung and Phuoc Vinh An wards.

Initially, the tunnels had only short paths and simple structure that were used to hide documents, weapons and resistance members deep inside the enemy-controlled area.

Only during the anti-American war were the tunnels reinforced and widened.

Beginning in 1961, when the Party Committee and headquarters of the Sai Gon-Gia Dinh Military Region of the liberation forces chose Cu Chi as an operating area, the tunnel system maximized its use for years, especially in 1966, against the Americans broadening the war in the South.

With their indomitable strength, Cu Chi’s resistance forces and local people created a system of crisscrossing tunnels with multiple floors, with more than 200km of underground trenches in total.

For a long time, the enemy attacked the base and the tunnel network relentlessly by pumping water into the tunnels, using German shepherd dogs to hunt and identify the tunnels then using bombs to destroy them.

The US forces were involved in 5,000 attacks that aimed to wipe out the Cu Chi resistance base. In addition, thousands of tonnes of various chemical toxins were sprayed on the area.

But, relying on the tunnel network, the Vietnamese liberation soldiers and Cu Chi locals were able to counter all the enemy attacks.

Historic Cu Chi Tunnels site seeks UNESCO World Heritage Site recognition ảnh 1 Liberation forces and local people created Cu Chi tunnels with multiple floors with more than 200km of underground trenches in total. VNS Photo Xuan Dang
Throughout the two resistance wars against the French and the Americans, the resistance army and the people of Cu Chi achieved outstanding victories.

They engaged in 4,269 big and small fights, eliminated 22,582 enemy troops, destroyed and took over 5,168 military vehicles (mostly tanks and armoured vehicles), shot down and destroyed 256 airplanes (mainly helicopters), sank and burned 22 warships and boats, and captured 8,581 guns of all types. They also destroyed 270 enemy stations in Cu Chi District.

Historic Cu Chi Tunnels site seeks UNESCO World Heritage Site recognition ảnh 2 A booby trap with iron sticks set up for guerrilla warfare. Photo vietnamtourism.gov.vn
Tunnel structure

The Cu Chi tunnel relic site includes the Ben Duoc Tunnel (Sai Gon-Gia Dinh military base, Zone A), Sai Gon-Gia Dinh base (Zone B), and the Ben Dinh Tunnel (Cu Chi District base).

The tunnel system runs in a zig-zag shape underground, and the main route branches out in multiple directions that connect in some areas, depending on the terrain.

Many exits open to the Sai Gon River so that when emergencies occurred people could take river route to Ben Cat resistance base in Binh Duong Province.

The tunnel system is bulletproof and can withstand the weight of tanks and armoured vehicles.

Some tunnels have structures that include two to three floors. Stairs between floors have lids that go to secret vaults.

Historic Cu Chi Tunnels site seeks UNESCO World Heritage Site recognition ảnh 3 The structure inside the Cu Chi tunnel network. Photo courtesy of Cu Chi Tunnels
Inside the tunnels are areas that could prevent toxic chemicals sprays or the enemy’s break-ins. There are pathways so narrow that people have to turn sideways to enter.

The exits were well camouflaged to avoid enemy detection. Some of them were also designed as flexible combat and sniping spots to counter enemy attacks.

Around the tunnel entrances, booby traps were placed to prevent enemy entry.

Throughout the war, the tunnels in Cu Chi proved to be a source of frustration for the US and Sai Gon troops. The Vietnamese liberation soldiers were so well entrenched in the area by 1965 that they were in the unique position of being able to control where and when battles would take place.

By helping to covertly move supplies and house troops, the tunnels of Cu Chi allowed Vietnamese fighters to survive and increase the US and Sai Gon military casualties until the US withdrawal from the South in 1973, and their final defeat in 1975.

The Cu Chi Tunnels reflect the Vietnamese military arts and the revolutionary heroism and courageous mindset of the people.

The tunnel architecture, with its outstanding innovations, played a part in the anti-American war.

Today, the site educates people about the Vietnamese revolutionary tradition and patriotism and shows appreciation for the war heroes, war martyrs and previous generations who fought and died in the Sai Gon-Cho Lon-Gia Dinh area in two resistance wars.

These values were cited when the Government officially named the site a national historic relic on December 23, 2015.

Seeking UNESCO’s recognition

Recently, the city’s authorities sent a proposal to the Ministry of National Defence to seek the UN culture agency UNESCO’s recognition for the Cu Chi Tunnels as a World Heritage Site.

Vietnam is home to eight UNESCO World Heritage sites, including Phong Nha-Ke Bang National Park, My Son Sanctuary, Hoi An Ancient Town, the Complex of Hue Monuments, and the Citadel of the Ho dynasty in the central region.

The other sites are Ha Long Bay, the Trang An Landscape Complex, and Thang Long Imperial Citadel, which are located in the north.

If the Cu Chi Tunnels network is recognised, it will be the south’s first UNESCO World Heritage Site.

In 2015, the historic area was recognised as a special national relic site. For tourism purposes, more than 120km out of over 200km of the tunnels have been preserved.

Le Van Liem, vice chairman of the HCM City People’s Committee, said the area in the outlying Củ Chi District is a “valuable historical and cultural site that reflects outstanding military and scientific work of the Vietnamese people”.

The tunnels have been a popular tourism landmark for years, attracting thousands of visitors each day. Visitors are able to experience the resilience and unyielding will of the people who lived in the tunnels during wartime.

Dr Phan An, head of the Southern Institute of Social Sciences, said: “The Cu Chi Tunnels’ architecture is one of a kind. UNESCO World Heritage Site acknowledgement would not just introduce global friends to it, but would also be a chance for Vietnamese nationwide to appreciate the relic more.

“The site has not yet received the acknowledgement it deserves. Many HCM City residents have never visited the site despite its historical importance. Publicity is still limited, leading to inadequate attention for preservation of the relic site. Only a small part is preserved for visits and tourism.

“It runs a high risk of destruction from natural and human impact. So, if UNESCO acknowledges it as a World Heritage Site, local authorities and residents will be more responsible and collectively care for and preserve the entirety of the tunnels. At the same time, it would heighten public awareness about heritage sites like this.”

Filed Under: Uncategorized Historic Cu Chi Tunnels site, UNESCO World Heritage Site recognition, HCMC, National, Unesco World Heritage Site, The Unesco World Heritage Site, unesco world heritage sites, UNESCO World Heritage Sites in Malaysia, unesco world heritage sites usa, unesco world heritage sites map, unesco world heritage sites in india, unesco world heritage sites uk, unesco world heritage sites canada, unesco world heritage sites by country, unesco world heritage sites in the philippines, unesco world heritage sites europe

Cu Chi Tunnels site seeks UNESCO’s recognition

March 1, 2021 by dtinews.vn

When people think of the most modern and crowded city in Vietnam, Ho Chi Minh City first comes to mind.

The Cu Chi tunnels were the location of several military campaigns during the war (Photo courtesy of Cu Chi Tunnels)

But the city, the country’s largest, also has a great deal of historical value related to the wars of resistance against the French and American aggressors to offer interest to tourists as well as locals.


One of the most fascinating destinations is Cu Chi guerrilla warfare tunnels, located about 70km from downtown HCM City.

Built by South Vietnamese liberation forces as shelter from US and Sai Gon troops during the war, the site is known over the world, but even many locals have yet to visit the tunnels.

Revolutionary spirit

First formed in 1948 during the resistance war against the French colonialists, the original network of tunnels was in Tan Phu Trung and Phuoc Vinh An wards.

Initially, the tunnels had only short paths and simple structure that were used to hide documents, weapons and resistance members deep inside the enemy-controlled area.

Only during the anti-American war were the tunnels reinforced and widened.

Beginning in 1961, when the Party Committee and headquarters of the Sai Gon-Gia Dinh Military Region of the liberation forces chose Cu Chi as an operating area, the tunnel system maximized its use for years, especially in 1966, against the Americans broadening the war in the South.

With their indomitable strength, Cu Chi’s resistance forces and local people created a system of crisscrossing tunnels with multiple floors, with more than 200km of underground trenches in total.

For a long time, the enemy attacked the base and the tunnel network relentlessly by pumping water into the tunnels, using German shepherd dogs to hunt and identify the tunnels then using bombs to destroy them.

The US forces were involved in 5,000 attacks that aimed to wipe out the Cu Chi resistance base. In addition, thousands of tonnes of various chemical toxins were sprayed on the area.

But, relying on the tunnel network, the Vietnamese liberation soldiers and Cu Chi locals were able to counter all the enemy attacks.

Throughout the two resistance wars against the French and the Americans, the resistance army and the people of Cu Chi achieved outstanding victories.

They engaged in 4,269 big and small fights, eliminated 22,582 enemy troops, destroyed and took over 5,168 military vehicles (mostly tanks and armoured vehicles), shot down and destroyed 256 airplanes (mainly helicopters), sank and burned 22 warships and boats, and captured 8,581 guns of all types. They also destroyed 270 enemy stations in Cu Chi District.

Tunnel structure

The Cu Chi tunnel relic site includes the Ben Duoc Tunnel (Sai Gon-Gia Dinh military base, Zone A), Sai Gon-Gia Dinh base (Zone B), and the Ben Dinh Tunnel (Cu Chi District base).

The tunnel system runs in a zig-zag shape underground, and the main route branches out in multiple directions that connect in some areas, depending on the terrain.

Many exits open to the Sai Gon River so that when emergencies occurred people could take river route to Ben Cat resistance base in Binh Duong province.

The tunnel system is bulletproof and can withstand the weight of tanks and armoured vehicles.

Some tunnels have structures that include two to three floors. Stairs between floors have lids that go to secret vaults.

Inside the tunnels are areas that could prevent toxic chemicals sprays or the enemy’s break-ins. There are pathways so narrow that people have to turn sideways to enter.

The exits were well camouflaged to avoid enemy detection. Some of them were also designed as flexible combat and sniping spots to counter enemy attacks.

Around the tunnel entrances, booby traps were placed to prevent enemy entry.

Throughout the war, the tunnels in Cu Chi proved to be a source of frustration for the US and Sai Gon troops. The Vietnamese liberation soldiers were so well entrenched in the area by 1965 that they were in the unique position of being able to control where and when battles would take place.

By helping to covertly move supplies and house troops, the tunnels of Cu Chi allowed Vietnamese fighters to survive and increase the US and Sai Gon military casualties until the US withdrawal from the South in 1973, and their final defeat in 1975.

The Cu Chi Tunnels reflect the Vietnamese military arts and the revolutionary heroism and courageous mindset of the people.

The tunnel architecture, with its outstanding innovations, played a part in the anti-American war.

Today, the site educates people about the Vietnamese revolutionary tradition and patriotism and shows appreciation for the war heroes, war martyrs and previous generations who fought and died in the Sai Gon-Cho Lon-Gia Dinh area in two resistance wars.

These values were cited when the Government officially named the site a national historic relic on December 23, 2015.

Seeking UNESCO’s recognition

Recently, the city’s authorities sent a proposal to the Ministry of National Defence to seek the UN culture agency UNESCO’s recognition for the Cu Chi Tunnels as a World Heritage Site.

Vietnam is home to eight UNESCO World Heritage sites, including Phong Nha-Ke Bang National Park, My Son Sanctuary, Hoi An ancient city, the Complex of Hue Monuments, and the Citadel of the Ho dynasty in the central region.

The other sites are Ha Long Bay, the Trang An Landscape Complex, and Thang Long Imperial Citadel, which are located in the north.

If the Cu Chi Tunnels network is recognised, it will be the south’s first UNESCO World Heritage Site.

In 2015, the historic area was recognised as a special national relic site. For tourism purposes, more than 120km out of over 200km of the tunnels have been preserved.

The tunnels have been a popular tourism landmark for years, attracting thousands of visitors each day. Visitors are able to experience the resilience and unyielding will of the people who lived in the tunnels during wartime.

Dr Phan An, head of the Southern Institute of Social Sciences, said: “The Cu Chi Tunnels’ architecture is one of a kind. UNESCO World Heritage Site acknowledgement would not just introduce global friends to it, but would also be a chance for Vietnamese nationwide to appreciate the relic more.

“The site has not yet received the acknowledgement it deserves. Many HCM City residents have never visited the site despite its historical importance. Publicity is still limited, leading to inadequate attention for preservation of the relic site. Only a small part is preserved for visits and tourism.

“It runs a high risk of destruction from natural and human impact. So, if UNESCO acknowledges it as a World Heritage Site, local authorities and residents will be more responsible and collectively care for and preserve the entirety of the tunnels. At the same time, it would heighten public awareness about heritage sites like this.”

Filed Under: Uncategorized Cu Chi Tunnels site seeks UNESCO’s recognition, recognition and cued recall, most visited unesco heritage site, most unesco world heritage sites country, unesco heritage sites kathmandu, kathmandu unesco sites, ad dhahirah has which unesco heritage site, auschwitz unesco world heritage site, ayutthaya unesco world heritage site, ayutthaya unesco sites, tnk travel cu chi tunnels, chi official site, tunneling sites

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